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Entrepreneurial Spirit

I was very intrigued by the article The True Meaning of ‘Entrepreneur’ by @SteveTobak. According to Merriam-Webster dictionary, an entrepreneur is “one who organizes, manages and assumes the risks of a business or enterprise.” I feel like the general definition of ‘entrepreneur’ just does not communicate the essence of what many of us recognize as ‘entrepreneurial spirit.’

For an entrepreneur to execute their personal vision, they need to attract ‘like-minded’ individuals. By ‘like-minded,’ I don’t mean ‘yes men’ that think exactly as they do. I mean individuals that recognize that same entrepreneurial spirit within themselves, driving them to produce a product or provide a service to solve a problem. This resulting synergy produces something much greater than each individual could produce on their own. It produces a corporate vision.

If you don’t fuel the entrepreneurial spirit that lies within you, you will have nothing to contribute to a corporate vision. Whether you are working in a home-based business, a startup, or a fortune 500 company, it’s that spirit that is essential to your success.

2 thoughts on “Entrepreneurial Spirit”

In addition to optimism, entrepreneurs are predisposed to a high tolerance for risk. But it doesn’t mean they jump blindly into action, it’s instead the opposite. Those with the entrepreneurial spirit make calculated moves while understanding that there are never any guarantees of success. It’s also the ability to work autonomously and be decisive. The playbook isn’t always clear, so it’s ideal to be able to say agile and adapt in a high degree of ambiguity.